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Mixed-Use Property with Apartments
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2503 Santa Fe Ave, Long Beach, CA 90810

Commercial space and renovated residential units create a diversified mixed-use income configuration.

Property SizeContact for details
Days on Market142

Property Features for 2503 Santa Fe Ave

General Information

Standard status Active
Property subtype Mixed Use

Units

Unit Mix 5 x 1BR/1BA
Multifamily Units 5

Additional Details

Cap Rate 7.3%
Listing Agency: Jocelyn Thav CPA
Listed By: Jocelyn Thav · License #CA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jocelyn Thav CPA

Investment Insights

Based on property information with market context.

This mixed-use property combines one commercial building with five one-bedroom, one-bath apartments. The residential units have been renovated with vinyl and tile flooring; four units also feature new kitchen cabinets and quartz countertops. Each apartment has new vinyl retrofit, dual-glazed, low-E windows, and the exterior of the building has been freshly painted.

The commercial tenant operates under an arrangement covering all utilities, interior and exterior repairs, and maintenance for the commercial building. The landlord pays water and landscaping for the residential component. The property has been self-managed by the owners for over 10 years, with almost no vacancy during that period. The commercial address is 2503 Santa Fe Avenue, while the residential address is 1709 W 25th Street, Long Beach, CA 90810.

Key Highlights

  • Five one‑bedroom, one‑bath apartments plus one commercial building
  • Property offered at a 7.30% cap rate
  • Residential units renovated with vinyl and tile flooring

Property Analytics

Current Use

ATM Atm Tailgate Bar Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 90810, CA

38,529
Population
10,294
Households
3.7
Avg Household Size
37
Median Age
21%
College-Educated
76%
High-School Grad
6.5 sq mi
ZIP Area
5,928
Density / Sq Mi
$82,222
Median Household Income
$39,397
Median Earnings
$1,554
Median Rent
$594,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space and renovated residential units create a diversified mixed-use income configuration.
Where is this mixed-use property located?
The property is located at 2503 Santa Fe Ave Long Beach, CA.
What are key features of this property?
This property features: Five one‑bedroom, one‑bath apartments plus one commercial building; Property offered at a 7.30% cap rate; Residential units renovated with vinyl and tile flooring
More about this property
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